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PAGY

Active Private limited companyfounded 1992active for 33 yearsMiddelkaart 43, 2930 BrasschaatKBO/BCE: BE 0448.834.935

Lifetime

18 annual accounts with figures on one time axis, 31 filings since 1993
peak €196,033 (2021)
€93,407▲ 27.8%
lowest -€12,685 (2010)
€49,573▲ 41.7%
peak €527,373 (2025)
€527,373▲ 10.4%
€61,583▼ 10.1%
Board3 names since 2007
2 directors and 1 other
Documentsfilings and deeds
29-01-20262 days before the deadline
2025abbreviated format
Gross margin from €73,064 to €93,407Result from €34,989 to €49,573Cash from €103,872 to €158,332

Key points

from the 2025 annual accounts

Equity

€527,373 ▲ 10.4%

PAGY has made a profit without a break since 2011.

Liquidity

2.82 was 1.66 in 2024

Short-term debts fell from €66,030 to €58,771.

Filings

31 annual accounts since 1993
deadline200020102020

Three of the last ten came late. The 2023 accounts came latest: 11 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 20,135 companies had the same profile as PAGY has now. Each dot stands for 51 companies, two years later.

95.0%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 20,135 companies, not a prediction for PAGY. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director, since 31-12-2007
Director, since 31-12-2007
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0448834935
Registered office moved from Antwerp to Brasschaat New registered office: Middelkaart 43 te 2930 Brasschaat · Previous registered office: Suikerrui 4 te 2000 Antwerpen · Gazette deed
Changes of role: (director) and (director) Legal-form conversion: from private limited company (pre-2019) to private limited company · Director discharge: · Director discharge: · General meeting of 29-12-2023 · Gazette deed
Environmental permit granted Verbouwen en/of uitbreiden met functiewijziging, maar zonder wijziging van het aantal woongelegenheden, Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden · Antwerpen
All 45 events

Official details

Source: KBO
Status
Active since 02-12-1992Normal situation
Activity
“Voor eigen rekening of voor rekening van derden of bij deelneming, alle onroerende en…” (deed in Dutch)From the articles, 3 activitiesNo NACE code in the KBO yet
Establishment unit
2.060.213.7812930 Brasschaat, registered on 06-01-1993
Financial year end
30 June
Peppol
Reachable since 21-10-2026
Company details

Annual accounts to 30-06-2025

≈ €270,000estimated
€588,957▲ 7.8%
Filing
Filed on 29-01-2026, 2 days before the end of the filing period
Financials

Insights on PAGY

PAGY files the abbreviated format. That format states no turnover. The gross margin rose from €32,113 in 2006 to €93,407 in 2025.

The balance sheet grew most in 2018 through fixed assets, financed with long-term debt.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about PAGY

What is the company number of PAGY?
The company number of PAGY is 0448.834.935. The VAT number is the same number with BE in front: BE 0448.834.935.
Where is PAGY based?
The registered office is at Middelkaart 43, 2930 Brasschaat.Company details
What is the legal form of PAGY?
PAGY is a private limited company (BV).
When was PAGY founded?
PAGY was founded on 02-12-1992.
Is PAGY still active?
Yes, PAGY is an active enterprise in the KBO register.
What is the turnover of PAGY?
The turnover in financial year 2025 is ≈ €270,000. This figure is estimated from the gross margin of €93,407 and 987 comparable companies of the same size. It probably lies between €160,000 and €540,000. It is a rough estimate.Financials
Is PAGY profitable?
In financial year 2025, PAGY made a profit of €49,573.
Where can I find the annual accounts of PAGY?
PAGY filed 31 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of PAGY due?
PAGY must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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